China making another economic mistake procrastinating on stimulus measures

sgbuffett

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16-07-2023, 10:47 AM

Economic errors have been stringing up
Ranging from housing slump, zero covid, damage of tech sector, ..while the poor trade relations with the West is not helping much of the negative effects are self inflicted.

Yet another error it is making. This one is text book error.
Later you do stimulus the bigger the stimulus need to be to be effective...longer you delay the economy/people just suffer longer

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https://www.bloomberg.com/opinion/articl...-investors

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.

(This post was last modified: 16-07-2023, 11:00 AM by sgbuffett.)

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cityhantam

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16-07-2023, 10:49 AM

Bloombird economist so good ah?

How come cannot solve Assmerica's debt problem?

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sgbuffett

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16-07-2023, 10:52 AM

(16-07-2023, 10:49 AM)cityhantam Wrote: Bloombird economist so good ah?

How come cannot solve Assmerica's debt problem?

Because America's debt has never been a problem

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.

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Omnipresent88

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16-07-2023, 10:55 AM

Amdk arse lickers stooge’s don't know meh two stooge’s go to China begging hor
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cityhantam

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16-07-2023, 10:58 AM

(16-07-2023, 10:52 AM)sgbuffett Wrote: Because America's debt has never been a problem

Oh, really?

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starbugs

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16-07-2023, 10:58 AM

The problem is that there is not much more meaningful stimulus that can be done. All the HSR lines and highways are pretty much done. Construction has overheated and housing prices are deflated. Interest rates are already much lower than the rest of the world.

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